There has been a decline in the stock market for some time. On the fourth day of March, the stock market is in red mark. The main reason for the decline in the stock market is the geopolitical tension arising due to tariffs imposed by Trump and the ongoing war between Ukraine and Russia. According to experts, the stock market may continue to fall in March. It is a different matter that this decline will not be as big as February. If this happens, this will be the sixth month when both Sensex and Nifty will close on the red mark. Let us also tell you at what level the Sensex and Nifty are trading.
Decline in Sensex and Nifty
The stock market is witnessing a decline in March in March. The Bombay Stock Exchange’s main index Sensex was trading at 72,897.70 points at 10 am. However, within just three minutes of opening the stock market, it fell 452.4 points to 72,633.54 points. On the other hand, the Nifty 50, the major index of the National Stock Exchange, is also trading in the red mark. At 10 am, the Nifty fell 64.75 points to 22,054.55 points. But during the business session, the Nifty was also seen at 21,964.60 points. On Monday, the stock market saw a decline of more than 100 points.
Market at 9 months low
Looking at the stock market figures, both Sensex and Nifty reached a low -lying level within a few minutes of opening the stock market. After June 2024, the Sensex was seen below 72 thousand points. On 5 June 2024, the Sensex was last seen at a 71 -point level in a trading session. At the same time, the Nifty was also seen at the level of 21 thousand digits after June 5, falling below 22 points. According to experts, there may be further decline in the stock market in the month of March. Experts believe that the effect of Trump’s tariff and geopolitical stress can be seen in the month of March.
Which stocks fell?
Talking about the stocks falling on the National Stock Exchange, Nestle India and Bajaj Auto shares are seeing more than 2.50 percent decline. At the same time, shares of HCL Tech and Infosys are trading below 1.5 percent. Titan shares fell by 1.36 percent.
If we talk about the edge shares, then SBI and BEL shares are seeing about 3 percent increase on NSE. Those who are trying to revive the stock market. IndusInd and Power Grid shares are seeing an increase of more than 1 percent. On the other hand, Adani Enterprises shares are trading with a gain of about 1 percent.
How much damage was done to investors?
The special thing is that investors have suffered losses even today due to the decline in the stock market. In just 3 minutes, Rs 1.33 lakh crore was cleared from the pockets of investors. When the stock market closed on Monday, the market cap of BSE was Rs 1,250 crore. 38021191.08 crore reached Rs, which fell to Rs 38021191.08 crore on Tuesday within three minutes of opening the stock market. It has gone up to 3,78,87,914.33 crore. This means that the market cap of BSE has increased by Rs 1,000 crore. There was a loss of Rs 1,33,276.75 crore.
